Bloomberg Palm oil production in Indonesia will probably climb to a record this year as wet weather boosts yields in the world’s top grower. Output will increase 10 percent in 2018, Togar Sitanggang, secretary-general of the Indonesian Palm Oil Association, said, without providing a more specific forecast. Production climbed about 18 percent in 2017 to a record 38.2 million metric ...

Bloomberg Ola, India’s biggest ride-hailing startup, is heading down under. It’s the overseas debut for Ola, which will start inviting drivers in Sydney, Melbourne and Perth to sign up, it said. Ola will be competing with Uber Technologies in Australia. The two companies have been going head-to-head in India’s $10-billion ride-hailing market where the ramshackle public transportation systems in cities ...

Bloomberg Three quarters of companies surveyed by the American Chamber of Commerce in China say they feel unwelcome, reflecting perceptions foreign firms aren’t treated equally to domestic competitors. The disparity in some cases comes from uneven enforcement of the law, which some firms say has become a version of protectionism, according to a survey. Protectionism is one of the top ...